Most established companies focus on ________ innovation when they aim to enter new markets by tweaking existing products, or they want to stay one step ahead in the market by using variations on a core product

Sales revenue of $110,000 will achieve breakeven when the contribution margin is $30,000 and the fixed costs are:

A. $80 B. $800 C. $8000 D. $80000

When a shareholder sells its shares to another person for more than its original cost, the corporation ______

a. does not make a journal entry b. increases Retained Earnings c. records a debit to Treasury Stock d. records a gain on the sale of stock e. records a credit to Common Stock